Posted on

How Do You Withdraw Money From ‘529’ Plans? (And Other Questions From Readers)


Readers have a lot of questions about “529” college-savings plans.
After we published an article recently about these education-savings accounts, readers swamped us with questions—about how to withdraw funds for college, the impact on financial aid and more. (The plans can also be used for some K-12 tuition, but we focus mainly on the college use.)
Here are answers to some of the most-common questions we received.
It is almost time for my beneficiary to start college. What do I need to know about making withdrawals? 
First, make sure you’ll be using the money for qualified expenses, such as …

Read More